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20121220
20121220
Search Results 0 to 12 of about 13 (some duplicates have been removed)
that it will affect 90% of people in metropolitan areas? >> if you're not paying a next year, thank the new york delegation. they are the ones leaving it. gerri: big news, g by 40% stake in the compa. >> castillo is about $50 billion. the prices of stock have to get up to $69 it's down around 24 right now. i'm not going to hold my breath on that one. but i think that gm understood that it had to do something. because its own internal polling and focus groups suggest there was a stigma -- as public attached a stigma that they had taken this public money, which is very inresting to me. it may have helped rocco, when michigan and ohio, but it didn't help gm. >> gm is giving the stock at a bargain. the ipo is $10 more per share. the one that's just terrible. >> i think that the government should get out of this quickly as possible. obviously you want to do it in an orderly fashion. the were never going to happen again. who president of the government actually taking over, taking a controlling share, calling shots, who is going to be the ceo and stuff like that. the sooner we get past that, the bette
the jeffries trading floor today in new york. peter, you have a lot of different scenarios, but the most likely scenario that you think is that the blackberry fails, there is no acquisition on this and the cash firm continues? >> yeah. we think it costs about $1 billion to launch these devices. if successful, we think an access possibility goes up. if not, we see the company become much, much smaller a year from now. >> how do you measure success? and when we we know on this? >> we'll probably know around around/may next year. success would be call it 3 to 5 million units in the first quarter out of the gate and 5 million units plus after that. to us, that would be a very good launch. >> for anybody who is actually a blackberry user still, what do you say about these things? if there's a takeover, does that mean blackberry continues? what's the long-term outlook for the company? >> i would suspect that if you're a blackberry user, there's very little chance that your service is going to be cut off. that is a key cash flow driver for the company and anybody who would want to buy isn't concerned
evening, americans, and welcome to "the ed show" from new york. wants new gun laws, right now. this is the ed show. let's get to work. >> we're going to change things. it's going to take a wave of americans, mothers and fathers, daughters and sons, pastors, law enforcement, mental health professionals, and yes, gunowners standing up and saying enough. >> the president lays out the way forward for sensible gun policy. so why are no republicans getting on board? i'll ask congressman jerrold nadler. >> at some point they have to take me out of it and think about what is best for the country. >> the president served up painful cuts, and republicans are literally running away from the table. >> hey, mr. speaker. >> congressman steve israel reacts to the gop's bizarre behavior. plus, today's big gm news means the death of a righty talking point. >> government motors. >> government motors. >> government motors, david cay johnston on a huge success story for government intervention. and the invisible man sitting next to clint eastwood wins time's person of the year. >> what do you mea
. >> susie: the threat of the fiscal cliff was a big topic at an investor conference in new york today hosted by johnson controls. this wisconsin-based industrial conglomerate is a leading provider of products to make buildings energy efficient, and it's also the world's largest maker of car batteries and automotive seats. c.e.o. stephen roell told me he's worried that uncertainty about the fiscal cliff could hurt consumer confidence, and his business. >> we don't do that. as the consumer, i products to costumers like the big three, that in turn sell to the auto industry. my biggest concern is how it will affect the psychology of the consumer. i've been surprised, susie, that people continue to buy automobiles. but my fear is that could change dramatically. >> susie: steve, to what extent are the ups and downs impacting your business day to day. >> i think people are holding back on making captain investments. i see that particularly in the building side. from m stdpoit, i continue to invest around the world. i'll invest to make sure i'm buying the strategies we laid up for the next three ye
stronger than ever. >>> here's a look at the weather in some cities around the country. new york, sunny, 46, chicago, 46 degrees. sunny in dallas, 52. mostly sunny, no surprise, in l.a. 66 degrees. >>> let's check your national forecast. alerts stretch from kansas through michigan as major storm brings blizzards, severe thunderstorms and damaging winds. expect thunderstorms in the gulf coast states and cooler temperatures in florida. in t northeast sees rain tonight with a wintry mix in new england. a storm moving ashore in the pacific northwest and november california is creating heavy mountain snow and coastal flash flooding. hmm. that was almost not the word i said there. >>> "cbs moneywatch" on your thursday. a gm buyback and big bargains for last-minute bargain shoppers. save me, ashley. >> was a slippery slope there. good morning to you. it triggered profit taking. tokyo's nikkei dropped 1%, while hong kong's hang seng added a fraction. >>> hope turning to frustration over congress's ability to avoid a fiscal cliff sent a chill down wall street. the dow dropped nearly 99 points while
't have enough room in some of the smaller stores? >> yeah. >> will we see these things in new york? >> you may see them in new york, but the best example we talked about last time was the pub, the pub idea. >> yes. >> we had that and started out in one and now have 55. turns out people enjoy getting together and gathering and relaxing after work. >> okay. now, you also did a study most recently, a lot of -- a couple guys joked. ask him about whole paycheck and a lot of what i buy at whole foods is now cheaper than local merchants. >> right. we've talked about this. work really hard on our price competitiveness. quality and value, quality and value, it's always a dance. i think we are fundamentally more competitive. and i'm looking you in the eye and saying, hey, we are going to be competitive on like product because we're going to continue to grow the company. >> you have been doing terrific work rolling out private label. >> right. >> is there a balance? some people want to see those branded in the store, they don't want all private label. other people, some of the branded compani
. it is december 20th. >> the top five stories making news at this hour. a massive chain reaction crash in new york leaving 33 people hurt and one person dead. it happened in the town of shirley on the long island expressway. the driver of a tractor trailer lost control and smashed into several vehicles setting off the chain reaction. the truck cause carrying debris from super storm sandy. >> it was like a movie. chain reaction. it was so fast. no one could react to it. >> 40 vehicles were involved in the wreck. it stretched the length of a football field. eastbound lanes are shut but westbound lanes are open. >>> 4 u.s. citizens plotting to destroy u.s. targets overseas. they pleaded not guilty to charges of conspiracy. three already pleaded guilty but changed their plea when is the 4th was indicted as being the ringleader. the younger brother of bernie madoff will be sentenced for helping pull off the biggest ponzi scheme in history. he is expected to spend the next ten years behind bars. one victim fired off a letter to the judge saying she is very unhappy the sentencing was postponed from decem
. the new york stock exchange is being sold off to a rival exchange for about $8 billion, ending more than two centuries of independence for the iconic big board. and break down what this means rock. >> a lot of people will lose their jobs in the fear of this. the weekly unemployment claims rose 17,000 to 361,000. this is what it comes down to periods i never thought that it was a good idea for them to be publicly traded. is it good that they are public we traded? >> know. i do not think it matters. i just feel like it is an exchange initiative be helped probably. >>hailed the privately. >> do we have anything to worry about? >> . i am not saying that. so far, they stated that would not change anything. the u.s. economy is doing better. it grew at an annualized growth rate at 3.1%. >> the federal reserve probably not have to act or do any thing. all these numbers we are going over the cliffs. >> i think it will be s super bowl cliff. if people start to freak out. two weeks from now you will be seeing it in your paychecks. you will pay about a thousand dollars more in unemployment benefits
Search Results 0 to 12 of about 13 (some duplicates have been removed)